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Gold drops to $4,010 globally; falls to Rs523,762 per tola in Pakistan

KARACHI: Gold and silver prices recorded a notable decline in both international and local markets.

In the global bullion market, gold prices fell by $32 per ounce, bringing the rate down to $4,010 per ounce.

The downward trend also impacted local sarafa markets across Pakistan.

The price of gold per tola dropped by Rs3,200, settling at Rs523,762. Similarly, the price of 10 grams of gold decreased by Rs2,743 to Rs449,041.

Silver prices also witnessed a decline.

The price per tola of silver fell by Rs55 to Rs8,164, while 10 grams of silver dropped by Rs47 to Rs6,999.

Market analysts attribute the local decline to fluctuations in the international bullion market, which directly influence domestic pricing trends.

The State Bank of Pakistan has released details regarding the country’s gold reserves, revealing that the total value of the 64.76 tons of gold reserves stands at $10.374 billion.

According to the central bank, the value of Pakistan’s gold reserves increased by $1.279 billion in January 2026. Over the first seven months of the current fiscal year, the country’s gold reserves have grown by $3.5 billion.

In June 2025, the value of Pakistan’s gold reserves was recorded at $6.84 billion.

The data also indicates that the country holds 20,82,000 ounces or approximately 5.5 million tolas of gold in reserves.

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